RNDV vs. EVNT ETF Comparison
Comparison of First Trust US Equity Dividend Select ETF (RNDV) to AltShares Event-Driven ETF (EVNT)
RNDV
First Trust US Equity Dividend Select ETF
RNDV Description
The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").
Grade (RS Rating)
Last Trade
$34.72
Average Daily Volume
7,095
95
EVNT
AltShares Event-Driven ETF
EVNT Description
AltShares Event-Driven ETF is an exchange traded fund launched and managed by Water Island Capital, LLC. The fund invests in the public equity and fixed income markets across the globe. For its equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in event-driven/arbitrage stocks of companies across diversified market capitalization. The fund invests in fixed income securities with varying maturities. AltShares Event-Driven ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$10.67
Average Daily Volume
482
44
Performance
| Period | RNDV | EVNT |
|---|---|---|
| 30 Days | 0.09% | 0.52% |
| 60 Days | 2.01% | 0.81% |
| 90 Days | 4.31% | 2.10% |
| 12 Months | 25.40% | 7.44% |
1 Overlapping Holdings
| Symbol | Grade | Weight in RNDV | Weight in EVNT | Overlap | |
|---|---|---|---|---|---|
| K | A | 0.58% | 1.74% | 0.58% |
RNDV Overweight 94 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HPQ | B | 3.91% | |
| IBM | C | 3.57% | |
| HPE | B | 3.47% | |
| VZ | C | 3.4% | |
| TXN | C | 3.28% | |
| GLW | B | 3.05% | |
| QCOM | F | 2.43% | |
| MCHP | D | 2.41% | |
| BEN | C | 2.16% | |
| IPG | D | 2.14% | |
| ACN | C | 2.01% | |
| BMY | B | 1.85% | |
| ADI | D | 1.81% | |
| CMCSA | B | 1.71% | |
| HAS | D | 1.63% | |
| CVS | D | 1.57% | |
| TROW | B | 1.57% | |
| BBY | D | 1.55% | |
| OMC | C | 1.48% | |
| PRU | A | 1.43% | |
| GPC | D | 1.42% | |
| APH | A | 1.26% | |
| UPS | C | 1.15% | |
| NTRS | A | 1.15% | |
| MDT | D | 1.11% | |
| MTB | A | 1.09% | |
| JNJ | D | 1.08% | |
| PFG | D | 1.05% | |
| HD | A | 1.02% | |
| ABBV | D | 1.02% | |
| MCD | D | 1.01% | |
| GRMN | B | 0.99% | |
| MSFT | F | 0.94% | |
| MRK | F | 0.92% | |
| PM | B | 0.91% | |
| OKE | A | 0.9% | |
| KLAC | D | 0.86% | |
| CVX | A | 0.85% | |
| MET | A | 0.85% | |
| CINF | A | 0.85% | |
| CAG | D | 0.8% | |
| LOW | D | 0.77% | |
| BLK | C | 0.75% | |
| KVUE | A | 0.75% | |
| DGX | A | 0.74% | |
| TSN | B | 0.74% | |
| CAH | B | 0.73% | |
| NKE | D | 0.72% | |
| PAYX | C | 0.72% | |
| ABT | B | 0.72% | |
| KMB | D | 0.7% | |
| HRL | D | 0.69% | |
| SNA | A | 0.69% | |
| CTRA | B | 0.68% | |
| CME | A | 0.67% | |
| EG | C | 0.64% | |
| SWK | D | 0.62% | |
| CI | F | 0.61% | |
| GIS | D | 0.61% | |
| TRV | B | 0.6% | |
| CMI | A | 0.6% | |
| ITW | B | 0.59% | |
| FAST | B | 0.58% | |
| AMCR | D | 0.58% | |
| EOG | A | 0.58% | |
| AFL | B | 0.58% | |
| XOM | B | 0.58% | |
| CHRW | C | 0.57% | |
| UNH | C | 0.56% | |
| EMR | A | 0.56% | |
| POOL | C | 0.55% | |
| BDX | F | 0.55% | |
| NSC | B | 0.55% | |
| UNP | C | 0.54% | |
| ADP | B | 0.51% | |
| LMT | D | 0.5% | |
| EVRG | A | 0.48% | |
| O | D | 0.48% | |
| LHX | C | 0.48% | |
| LEN | D | 0.46% | |
| PNW | B | 0.45% | |
| FMC | D | 0.45% | |
| ES | D | 0.43% | |
| ETR | B | 0.41% | |
| MAA | B | 0.4% | |
| FRT | B | 0.4% | |
| EMN | D | 0.4% | |
| EIX | B | 0.39% | |
| AEP | D | 0.37% | |
| ESS | B | 0.36% | |
| DLR | B | 0.36% | |
| APD | A | 0.35% | |
| CF | B | 0.35% | |
| AVB | B | 0.32% |
RNDV Underweight 43 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | B | -4.35% | |
| CTLT | B | -3.94% | |
| HA | D | -3.73% | |
| HCP | B | -3.69% | |
| JNPR | F | -3.35% | |
| PETQ | D | -3.29% | |
| AMED | F | -3.17% | |
| PRFT | D | -3.16% | |
| AXNX | C | -2.98% | |
| ANSS | B | -2.82% | |
| CHX | C | -2.68% | |
| MGRC | B | -2.56% | |
| SRCL | C | -2.55% | |
| X | C | -1.88% | |
| CCI | D | -1.78% | |
| INST | C | -1.77% | |
| MRO | B | -1.54% | |
| ENV | B | -1.51% | |
| EDR | A | -1.48% | |
| SILK | F | -1.46% | |
| ESGR | B | -1.4% | |
| VZIO | A | -1.21% | |
| RCM | F | -1.19% | |
| DIS | B | -1.07% | |
| SQSP | F | -0.98% | |
| CHUY | D | -0.96% | |
| CPRI | F | -0.92% | |
| AURA | D | -0.86% | |
| PVH | C | -0.85% | |
| PARA | C | -0.83% | |
| CZR | F | -0.81% | |
| PACB | F | -0.81% | |
| VFC | C | -0.78% | |
| GTHX | D | -0.77% | |
| WBD | C | -0.76% | |
| RIVN | F | -0.76% | |
| SNOW | C | -0.74% | |
| EVRI | A | -0.7% | |
| BE | B | -0.51% | |
| ACI | C | -0.42% | |
| CLSD | F | -0.33% | |
| WSC | D | --0.9% | |
| SNPS | B | --1.24% |
RNDV: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords
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